People's United - Mortgages
Will M&T Bank continue to pay my homeowner's insurance and/or taxes?
If you had an escrow account with People’s United to pay your taxes and insurance, M&T Bank will continue to pay taxes and insurance on your behalf. The payment of property insurance and/or taxes should not have been interrupted as a result of the transfer. If your insurance or taxes are paid from your escrow/impound account, and the bill was not paid prior to transfer, M&T should have paid the tax bill from your escrow account.